Updated Dec 16, 2025
TCGU Signs 10,412 Square Foot Lease At 22001 Northpark Drive With Tenant's Rep Oxford Partners
22001 Northpark Drive
Building Size
10,412 SF
Asset Type
Industrial
Closing
Dec 2, 2025
About this deal
AI
The transaction involves an industrial asset located at 22001 Northpark Drive in Kingwood. This property encompasses a total square footage of 10,412. It is situated in a market area north of Houston.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 22001 Northpark Drive
- Market: Kingwood
- Asset Size: 10,412 SF
- Tenant: TCGU
- Tenant's Representative: Stephen Hazen & Garth Plyler - Oxford Partners
- Broker: Kurt Weidmann - Old Vine Property Group
In this lease agreement, TCGU has committed to occupying the industrial space, with representation for the tenant provided by Stephen Hazen and Garth Plyler of Oxford Partners. The landlord's interests were represented by Kurt Weidmann from Old Vine Property Group.
On the Map
Industrial
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Players
Kingwood Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93